Record Details

Fishery Subsidies: Gains or Losses?

NIDA Economic Review Journal

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Field Value
 
Title Fishery Subsidies: Gains or Losses?
 
Creator Pattanarangsun, Pat
 
Description This paper investigates the impacts of fishery subsidies by looking at total welfare losses or gainsfrom the demand and supply diagram. The additional idea is to combine environmental problemsand introduce the term “externality cost” into the analysis. The kinked marginal externality cost isa key factor helping subsidy programs to be beneficial. Two types of subsidies are considered inthis study: export and effort subsidies. However each type of subsidy has been subdivided intothree cases with different scenarios of an optimal fishing amount. The results show that if thecurrent level of fishing already exceeds the optimal level, fishery subsidies should not exist. Butif this is not the case, the conclusion is ambiguous depending on the rate of the subsidy and thedegrees of externality problems. At the end of this paper, I summarize the study results for allscenarios in six models and propose a way to examine the optimal subsidy rate for furtheranalysis.
 
Publisher Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์)
 
Date 2008-12-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://tci-thaijo.org/index.php/NER/article/view/23809
 
Source Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์); Vol 3 No 2 (2551): NIDA Economic Review Journal; 1
1906-2540
 
Language eng
 
Relation http://tci-thaijo.org/index.php/NER/article/view/23809/20256
 
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